Stobart Group sign £40m aircraft deal

Carlisle Airport owner Stobart Group has signed a new deal aircraft deal, worth more than £40m.
Its aircraft leasing division, Propius, has made an agreement with GOAL (German Operating Aircraft Leasing) for three Embraer E195 jet aeroplanes.
These aircraft are on lease to airline Flybe, which will continue to use them on this basis until the end of next year bringing in $9.2m (more than £7m).
The total value of the deal is $56m (£42.7m), before deductions connected to maintenance security deposits.
This deal was announced in a statement to the London Stock Exchange, with Stobart saying it... read more

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